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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9409 Garland Rd Dallas, TX 75218-3408

    • Medical offices
    • 27,020 SF
    • 3.13 lot acres
    OFF-MARKET
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3592683
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Karina Marr DDS / Pediatric Dentist / Dentist
    • Chase Mortgage / Mortgage Lender
    • Aspire Dental Assisting School / Dental School
    • Chase Bank / Bank / Atm
    • Chase ATM / Atm

    Property Details for 9409 Garland Rd

    Year built
    1980
    Construction
    TILT-UP CONCRETE
    Lot size
    3.13 lot acres
    Property size
    27,020 SF
    Zone code
    Z59
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    322459000000
    APU
    322459000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $775,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,096,000
      Market price range: $676k - $2.82M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,520,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7036
    Latitude
    32.8336
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $59,091
    $2,046,630
    $528,370
    $2,575,000
    -
    $2,046,630
    $528,370
    $2,575,000

    Comparable in this City

    • Value Estimation by Request
      9,600 SF

      9102 Garland Rd

      MEDICAL BUILDING • 9,600 SF
      9102 Garland Rd, Dallas, TX 75218-3901
      View Details
    • Value Estimation by Request
      476 SF

      1130 Beachview St, Unit 220

      MEDICAL BUILDING • 476 SF
      1130 Beachview St, Dallas, TX 75218-3700
      View Details
    • Value Estimation by Request
      1,280 SF

      1130 Beachview St Ste, Unit 110

      MEDICAL BUILDING • 1,280 SF
      1130 Beachview St Ste, Dallas, TX 75218-3704
      View Details
    • Value Estimation by Request
      1,593 SF

      1130 Beachview St Ste, Unit 120

      MEDICAL BUILDING • 1,593 SF
      1130 Beachview St Ste, Dallas, TX 75218-3709
      View Details
    • Value Estimation by Request
      2,788 SF

      1130 Beachview St Ste, Unit 240

      MEDICAL BUILDING • 2,788 SF
      1130 Beachview St Ste, Dallas, TX 75218-3703
      View Details
    • Value Estimation by Request
      3,207 SF

      10216 Garland Rd

      MEDICAL BUILDING • 3,207 SF
      10216 Garland Rd, Dallas, TX 75218-2921
      View Details

    Similar Nearby for Sale

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      Dallas Auto Shop Investment Opportunity

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      Dallas Sam's Club Investment Opportunity

      140,883 SF Sam's Club on 11.77 acres for sale.
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    • $1,799,000
      0.51 Acres

      Prime Retail Location in Dallas

      Retail building with endless possibilities in a convenient Dallas location.
      11609 E Northwest Hwy, Dallas, TX 75218
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    • $2,100,000
      0.73 Acres

      Dallas Flex Space: 16,250 SF

      Prime Dallas location, redevelopment opportunity. High-traffic area.
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    • $525,000

      Land Available for Sale

      Land available for sale at 9002 Santa Clara Dr.
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    Similar Nearby for Lease

    • Contact for pricing
      24,302 SF

      West Dallas Medical Office Space

      Prime Dallas medical office suites available.
      9330 Poppy Dr, Dallas, TX 75218
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      20,000 SF

      East Dallas Hospital Space Available

      Five-story medical office space in East Dallas for lease.
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    • $28 SF/Yr
      2,062 SF

      Office Space with Reserved Parking

      Office space for rent with 24/7 access and parking.
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    • $9 SF/Yr
      858 SF

      Office Space Available For Rent

      Second floor office space available for rent in Dallas.
      11124 Garland Rd, Dallas, TX 75218
      View Details
    • Contact for pricing
      274,822 SF

      Dallas Retail Center - Whiterock Marketplace

      Prime Dallas retail space, multiple suites available.
      11255 Garland Rd, Dallas, TX 75218
      View Details
    • Contact for pricing
      274,822 SF

      Whiterock Marketplace Retail Space

      High-traffic retail space, Dallas County. Multiple suites available.
      11255 Garland Rd, Dallas, TX 75218
      View Details

    Property Visit Statistics

    • Visits by month
      31.2k
    • Visitors by month
      20.0k
    • Avg Time on site
      6 min
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    9409 Garland Rd
    Dallas, TX 75218-3408
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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